We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best option to go for to reduce outgoings - advice please
Comments
-
If the bank offering you a loan, is the bank you owe the money to, ask yourself this question.
"Why would a bank offer me a way, to pay them less interest?"0 -
Unfortunately I'm another one who refinanced to have more £ per month and it was a mistake and now I have the new loan aswell as balances on the cards that were supposed to be cleared with the loan.
I really think that your best option is to do an SOA and try to throw as much as you can even and make overpayments onto your current debts.
xTotal Debt:
Dec 2015: £20,090.87
Dec 2016: £16,320.850 -
You cannot solve your debt problem by borrowing more money."There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards